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Is Web3 Gaming Investment Arena Overcorrecting? Possibly, WAX Exec Says
30.11.2023
Blockchain Brawlers. Source: brawlers.gg In a recent chat with Cryptonews, Michael Rubinelli, industry veteran and Chief Gaming Officer at Web3 ecosystem for gaming WAX, discussed how macroeconomic trends affect the gaming industry, what is happening in the gaming investment arena, and the positive...
RARI Foundation Launches Testnet for RARI Chain on Arbitrum, Introduces Royalty-Embedded NFT Ecosystem
30.11.2023
Source: Pixabay The RARI Foundation, the nonprofit entity linked to the Rarible ecosystem, has officially launched the testnet for the RARI Chain on Arbitrum. This novel EVM-equivalent blockchain is designed to serve as a nonfungible token (NFT) infrastructure solution, embedding royalties directly...
Abu Dhabi authorizes the IOTA ecosystem DLT Foundation under ADGM
30.11.2023
IOTA Foundation has announced that it will now work with relevant authorities in Abu Dhabi, UAE, to boost its digital infrastructure. ADGM, an acronym for Abu Dhabi Global Market, has now registered the Foundation. This makes the IOTA Ecosystem DLT Foundation the first such player to have received...
Wormhole Raises $225 Million at $2.5 Billion Valuation in 2023’s Largest Crypto Fundraise
29.11.2023
Source: Adobe Interoperable blockchain protocol Wormhole has achieved another significant milestone with a $225 million seed fund raised from a group of prominent investors in the crypto landscape. This fundraising is the largest in the Web3 ecosystem so far this year, propelling Wormhole’s...
IOTA Jumps 43% After Registering Ecosystem Foundation in Abu Dhabi
29.11.2023
Native token of the Iota ecosystem [IOTA] jumped 35% Wednesday on news about registering a development foundation in Abu Dhabi
ZKSpace Unveils Major Development: Expansion into BRC20 and Initial Plan for 2.0 Tokenomics Trilogy
29.11.2023
PRESS RELEASE. ZKSpace has recently announced two significant developments: its expansion into the BRC20 ecosystem and the unveiling of its Tokenomics 2.0 Trilogy. Expansion into the BRC20 Ecosystem: Background: Following the BTC network’s Taproot upgrade, the BRC20 ecosystem has gained...
Animoca Brands Now the Largest Validator on TON Network
29.11.2023
Animoca Brands is now TON blockchain’s largest validator and will henceforth “provide funding, research, and an analytics platform.” The software company said Animoca’s collaboration with TON further reinforces its commitment to the latter’s ecosystem. The Animoca...
dYdX and TRON Investors Shifting Attention to Rising Meme Coin Project, Rebel Satoshi
26.11.2023
TLDR dYdX has introduced new features to curb trading in illiquid markets Tron (TRX) is struggling to stay above $0.1 despite its recent popularity. Rebel Satoshi is preparing to launch a game-changing meme coin ecosystem that will allow players to stake NFTs. dYdX plans to recover from its recent...
Covalent grants $2.5 million to boost Polygon ID ecosystem
24.11.2023
Covalent, a leader in making provision for data analytics targeting Web3, has formed an exclusive partnership with Polygon ID. The deal aims to strengthen the Polygon ID ecosystem, which involves players such as issuers, authenticators, wallet suppliers, and system integrators. Added to that...
AnkrETH unites with EigenLayer’s ecosystem as Collateral Asset
23.11.2023
A recent announcement by AnkrETH on November 22 mentioned the integration of the decentralized network as an LST (liquid staking token) collateral on the innovative protocol EigenLayer, which is based on the Ethereum blockchain. The integration will introduce fresh use cases for the new liquid...
Beyond Bitcoin and Ethereum: Why this next-gen blockchain could rule the roost
23.11.2023
Blockchain innovation is the heartbeat of progress, and Bitcoin Spark challenges the reign of established giants like Bitcoin and Ethereum. As the crypto arena evolves, attention is increasingly turning towards the next-generation blockchains with promises to redefine the norms of decentralized...
Verasity Announces the Launch of VeraAds
23.11.2023
PRESS RELEASE. London, November 23rd 2023 – Verasity, a leading advertising ecosystem built on open-ledger principles and creators of internationally patented Proof of View technology for preventing ad fraud, today announces the launch of VeraAds. A new service from Verasity, VeraAds...
Circle Launches Bridging Standard for Stablecoin Deployment on New Networks
22.11.2023
Source: Circle In a first-ever announcement in the stablecoin ecosystem, Circle, makers of USDC, has released a bridging standard for its digital token. Making the announcement in a November 21 blog post, the fiat-backed stablecoin maker pointed out the need to help developers bootstrap stablecoin...
AVAX Ecosystem to Get $10M Boost from Avalanche Accelerator Colony Lab
21.11.2023
Colony Lab will set up a network validator and invest in an index that tracks prominent Avalanche projects
Concero Collaborates With Bitcoin.com and Integrates VERSE Onto the Platform
20.11.2023
PRESS RELEASE. Concero.io announces a partnership with bitcoin.com ‘s Verse Ecosystem and takes the next step in tackling centralisation within the industry. With synergies of both companies being aligned around self-custody and ease of use, this collaboration will allow users to interact with...
Capx to join the Manta Pacific ecosystem
20.11.2023
Manta Network has announced that Capx will soon join the ecosystem of Manta Pacific, further shedding light on releasing a prize pool for select activities. Manta Network will now support the incentive layer of the internet. Capx is an ideal candidate for development because it can bridge the...
Crypto Exchange PancakeSwap Expands into Gaming with New Marketplace – Earn CAKE for Playing Games?
16.11.2023
Source: pancakeswap.games Decentralized exchange (DEX) PancakeSwap has launched its Gaming Marketplace, enabling developers to directly build, publish, and update games on the platform to an audience of 1.5 million potential players. Per the announcement, the platform is also a hub for...
Bitcoin Ordinals Token Ecosystem Emerges as Latest Crypto Play, Led by ORDI Hype
16.11.2023
Overall capitalization of such tokens has risen over 21% in the past 24 hours, outperforming most other token sectors
Ark Invest CEO Cathie Wood Sees Crypto Market Exploding to $25 Trillion in 2030
16.11.2023
Ark Invest CEO Cathie Wood says the crypto ecosystem will be dominated by bitcoin and ether and will scale from about $1 trillion today to $25 trillion in 2030. “The regulatory breakthrough is very important to bring institutions online,” said the asset manager, emphasizing that...
WonderFi Subsidiary Bitbuy Acquires Bitvo, Owns Nearly Half of All Exchanges in Canada
15.11.2023
Bitbuy, a subsidiary of Canadian-based technology company WonderFi, announced its acquisition of Bitvo Inc. on the morning of Wednesday, November 15th, making WonderFi the owner of nearly 50% of all regulated crypto-trading platforms in the North American country. WonderFi continues to dominate...